CALGARY , Feb. 19, 2013 /CNW/ - EmberClear Corp. (EMB.V) ("EmberClear" or the "Company") is pleased to announce its subsidiary, EmberClear GTL MS Inc. ("EmberClear GTL"), has completed the technical feasibility study for a natural gas to liquids project (the "Project") in Natchez, Mississippi. It is anticipated that if the Project proceeds it will be capable of producing 4,000 tons of methanol per day or 14,000 barrels of gasoline per day. Abundant natural gas supplies in North America can produce high value transportation fuels using proven technologies. This Project's proximity to competitively priced sources of natural gas and the Gulf Coast petrochemical complex creates the potential for attractive pricing, efficient access to markets and multiple modes of transportation. "It is our intent to take advantage of the recently available long-term natural gas contracts and address the desire for more domestic energy. The USA may continue to import oil for decades but facilities like ours could potentially reduce such imports while providing lower cost energy," stated Nick Cohen , Chief Operating Officer. EmberClear has access to an 800-acre site along the Mississippi River. "This site is served by American Midstream's Midla pipeline system that intersects three interstate gas pipelines providing us … Continue reading
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